The below is an off-site archive of all tweets posted by @lopp ever

December 12th, 2015

@Steven_McKie I don’t know why we still use analog signatures - I don’t think I’ve ever heard of a signature being used to prevent fraud.

via Twitter Web Client in reply to Steven_McKie

@markhughes Which is why Bitcoin needs layer 2 scaling solutions. No need to store a coffee purchase on an immutable ledger for all time.

via Twitter Web Client in reply to markhughes

@shannonNullCode Correct, also using assumption of 20,000 total nodes.

via Twitter Web Client in reply to shannonNullCode

@kristovatlas Yeah, I usually write “ASK FOR ID” instead of signing. I requested to show my ID instead but they said no, I had to sign it…

via Twitter Web Client in reply to kristovatlas

I tried to buy a shirt but my credit card wasn’t signed, so the merchant refused it. I signed it in front of them & they accepted. ¯\_(ツ)_/¯

via Twitter Web Client

If cost of distributed disk is $10 / TB / month, global cost to store a BTC txn for 100 years is < $0.10 & dropping. bookkt.com/?p=41

via Twitter Web Client

@colbydillion Relayed blocks would be interesting. You can get bytes sent via “bitcoin-cli getnettotals” though it includes non-relay data.

via Twitter Web Client in reply to colbydillion

@shannonNullCode I wonder most about the disk space. How much is 8 MB of distributed disk space for all time worth?

via Twitter Web Client in reply to shannonNullCode

@colbydillion Re: major hubs - the default max connections in Bitcoin Core is 120. I’ve tried increasing it but over 500 performance suffers

via Twitter Web Client in reply to colbydillion

@colbydillion Hard to say but probably a small minority. There are only 5,000 nodes that accept incoming connections - we think most don’t.

via Twitter Web Client in reply to colbydillion

@pmarca The idea that Satoshi Nakamoto would speak publicly at a Bitcoin conference is ridiculous - he has far too much to lose by doing so.

via Twitter Web Client in reply to pmarca

With 20,000 nodes, the average bitcoin transaction globally uses about:
19 MB network bandwidth
8 MB disk space
1 sec CPU time

via Twitter Web Client

@ryanxcharles @ErikVoorhees @BambouClub Let’s be sure to ask all reporters who gleefully wrote about it being the worst to post an update.

via Twitter Web Client in reply to ryanxcharles

SOLD! Every motorcycle rider should use a black box video recording system. I’ve had helmet mounted cams for years. igg.me/at/fusar/x/405…

via Twitter Web Client

ncpolicelogs NC Representative @CecilBrockman thinks that it’s silly for him to be treated like the rest of us. wncn.com/2015/12/12/nc-…

via Twitter for Android (retweeted on 2:33 PM, Dec 12th, 2015 via Twitter Web Client)